NOT LISTED FOR SALE

5700 Rio Grande Ave Midland, TX 79707

Estimated Value: $373,000 - $434,000

4 Beds
2 Baths
1,952 Sq Ft
$205/Sq Ft Est. Value

About This Home

This home is located at 5700 Rio Grande Ave, Midland, TX 79707 and is currently estimated at $400,301, approximately $205 per square foot. 5700 Rio Grande Ave is a home located in Midland County with nearby schools including Greathouse Elementary School, Abell Junior High School, and Legacy Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2022
Sold by
Urdaneta Milena Federico Jose
Bought by
Gong Hua and Gong Hai Juan
Current Estimated Value
$400,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Outstanding Balance
$205,337
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$160,468

Purchase Details

Closed on
Nov 26, 2012
Sold by
Cartus Financial Corp
Bought by
Milena Federico Jose Urdaneta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,308
Interest Rate
3.42%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 2012
Sold by
Montero Guillermo
Bought by
Cartus Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,308
Interest Rate
3.42%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 2012
Sold by
Montero Maria Esther and Montero Maria
Bought by
Montero Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,308
Interest Rate
3.42%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 2009
Sold by
Payne Homes Inc
Bought by
Montero Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2008
Sold by
Integrity Land Development Lp
Bought by
Payne Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gong Hua -- West Texas Abstract & Title
Milena Federico Jose Urdaneta -- Texas American Title Company
Cartus Financial Corp -- Texas American Title Company
Montero Guillermo -- None Available
Montero Guillermo -- West Texas Abstract & Title
Payne Homes Inc -- West Texas Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gong Hua $276,000
Previous Owner Milena Federico Jose Urdaneta $254,308
Previous Owner Montero Guillermo $180,000
Previous Owner Payne Homes Inc $165,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,073 $334,060 $25,290 $308,770
2023 $4,940 $329,650 $25,290 $304,360
2022 $4,888 $312,880 $25,290 $287,590
2021 $5,280 $317,620 $25,290 $292,330
2020 $4,151 $275,540 $25,290 $250,250
2019 $5,216 $275,540 $25,290 $250,250
2018 $5,409 $278,200 $25,290 $252,910
2017 $5,092 $261,890 $25,290 $236,600
2016 $5,096 $261,630 $25,290 $236,340
2015 -- $274,070 $25,290 $248,780
2014 -- $274,970 $0 $0
Source: Public Records

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